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AlanSantana
9 de Sep. de 2019 16:07

Market Cap BTC Dominance Breaks Support (Where To Next?) Corto

Market Cap BTC Dominance, %CRYPTOCAP

Descripción

BTC Dominance (BTC.D) just broke and closed below our main support EMA10 (72.41), sending out a bearish signal.

We are seeing increasing bearish action and a top formation when the last peak produced strong bearish divergence with the MACD and RSI.

The major trendline holding BTC.D has also been broken.

The next support levels are marked in the chart with dashed blue lines.

Conditions for change
If BTC.D closes above 73.55 with good strength and volume, the above signals become invalid.

Longer-term analysis for the Bitcoin Dominance (BTC.D) chart:


Namaste.

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Comentarios
RairyHectum
Just compare
crypto marketcap including BTC
against
crypto marketcap excluding BTC

you will see that all the altcoinmoney pumped into BTC could float back into alts ...
RairyHectum
@RairyHectum, furthermore take a look at usdt marketdominance
its last days blowing throough support.
Its upside down and if it goes up, it is a bearish sign ...
AlanSantana
@RairyHectum, I will take a look.
meveme
Yes
It needs to come down before any real action on the alts

Cheers :)
AlanSantana
@meveme, Cheers.
CryptoBullet
keep it up
cryptoGats
100% agree, I've got pretty much the same thing.
tradingview.com/chart/IdW63iGB/
AlanSantana
@cryptoGats, Thanks for sharing.
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